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tamaranim1 [39]
3 years ago
13

$834 at 7.25% for 1 1/2years

Mathematics
2 answers:
natita [175]3 years ago
7 0
You deposit some money into a bank account paying 2% simple interest per 6 months. You received $15 in interest after 9 months. How much the deposit (principal) was?
Result:
The principal was $500.
Explanation:
STEP 1: Convert interest rate of 2% per 6 months into rate per year.
STEP 2: Convert 9 months into years.

STEP 3: Find principal by using the formula , where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.
In this example I = $15, i = 4% and t = 0.75 years, so


vovangra [49]3 years ago
4 0
If it is simple interest it’s 924.70
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notka56 [123]

Answer:

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Step-by-step explanation:

We are given a data set which gives the number of bottles filled by each of the workers in a bottling plant in one day.

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